10.3 Bob runs a manufacturing business. Included in his books are the following balances relating to the...
Question:
10.3 Bob runs a manufacturing business. Included in his books are the following balances relating to the costs of running his business for the year ending 30 November 20X4:
£ Raw materials purchase 26 540 Depreciation of plant and machinery 4333 Factory supervisor's salary 12 004 Factory rental 8 327 Opening stock of raw materials 3 433 Closing stock of raw materials 3 221 Electricity - factory 3 522 Machine operatives'wages 19 366 Factory insurance 4 002 What is the total prime cost for inclusion in Bob's manufacturing account for the year ending 30 November 20X4?
a) £45 906
b) £57 910
c) £58122
d) £46118.
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